Nikkei keeping a low profile after yesterday’s breakout

Nikkei 225 up 0.2%

Nikkei 225 up 0.2%

The Nikkei 225 has reopened for afternoon trading and remains up 0.2% in narrow trading after yesterday’s break to the highest since 1990.

On a break like that you would love to see it break higher right away but we’re only on Day 2 and a stronger yen might be holding it in check.

The bigger moves today are coming in China with the Shanghai Composite up more than 1% for the second day.

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By Jonathan Prop

Jonathan Prop is an independent financial advisor. He has been working in finance for the last 20 years. After retiring early in his 40s, Jonathan decided to help others get to grip with financial markets, particularly his area of expertise - forex!

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